I've finally updated my chart of historical levelized electricity generation costs in the US by type.
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I've finally updated my chart of historical levelized electricity generation costs in the US by type. Renewables continue to be the cheapest overall, even being cheaper to build than to continue operating existing coal plants. Of note is the increasing price of wind, making it more expensive than solar at the moment. These are average costs, and individual costs will vary by location. #Renewable #Energy
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I've finally updated my chart of historical levelized electricity generation costs in the US by type. Renewables continue to be the cheapest overall, even being cheaper to build than to continue operating existing coal plants. Of note is the increasing price of wind, making it more expensive than solar at the moment. These are average costs, and individual costs will vary by location. #Renewable #Energy
@dan613 @StephenRees And yet Ontario is touting its investment in nuclear, and the feds are pushing pipelines.
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R relay@relay.mycrowd.ca shared this topicR relay@relay.infosec.exchange shared this topic
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@dan613 @StephenRees And yet Ontario is touting its investment in nuclear, and the feds are pushing pipelines.
@michaelgemar @StephenRees Yes, new nuclear is a problem. Revamping old nuclear isn't that bad, though. There may be some value to nuclear later and it's not a bad idea to put some money into it now for R&D purposes. Also, Canada's CANDU reactors are cheaper to run and are inherently safer than the reactors in the US, since they don't produce weapon-grade material or require the refinement that got Iran in hot water. But we haven't built new nuclear in a while and there is a learning cost to overcome.
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@michaelgemar @StephenRees Yes, new nuclear is a problem. Revamping old nuclear isn't that bad, though. There may be some value to nuclear later and it's not a bad idea to put some money into it now for R&D purposes. Also, Canada's CANDU reactors are cheaper to run and are inherently safer than the reactors in the US, since they don't produce weapon-grade material or require the refinement that got Iran in hot water. But we haven't built new nuclear in a while and there is a learning cost to overcome.
@dan613 @StephenRees It would be silly to shut down current generation. However, I’m very dubious of building more. In principle small modular reactors might work well for remote communities without potential for renewables, but the tech seems plagued with problems. (For such communities, enhanced geothermal might be a better investment.)
